A new study indicates that hybrid car buyers can break even financially, though government tax breaks and not just fuel savings help make up for the more expensive price tag.
"Hybrid cars and trucks, which get improved mileage in city driving by running on a combination of gas and electric power, cost between $1,200 and $7,000 more than traditional versions of the same vehicles, according to auto Web site Edmunds.com.
But a fuel economy study by Edmunds.com showed that the scales were starting to tip in favor of hybrids.
'High gas prices and generous tax credits now offset the high sales prices of some hybrids, assuming owners keep their hybrids for a few years,' said Alex Rosten, an analyst with Edmunds.com.
The shift is significant because analysts have said that higher sticker prices were constraining hybrid sales."
FULL STORY: Study: Hybrid cars will pay for themselves over time
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Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
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Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Appalachian Highlands Housing Partners
Gallatin County Department of Planning & Community Development
Heyer Gruel & Associates PA
Mpact (founded as Rail~Volution)
City of Camden Redevelopment Agency
City of Astoria
City of Portland
City of Laramie